Taking a holiday is one of the most important factors in your happiness, according to new research.

A survey has found that 90 per cent of people include holidays at one of the five most important things that will make you happy, beating owning your own home and being in a relationship, among other factors.

The poll of 1,000 of its customers this summer by website kayak.co.uk also found that 98 per cent of people would forgo luxuries in order to afford a holiday.